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NetDocuments

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NetDocuments
Company typePrivately Held Company
IndustryContent Management, Software as a service
Founded1999[1]
FounderKenneth Duncan, Alvin Tedjamulia, and Lee Duncan
HeadquartersLehi, Utah, United States & London, UK
Area served
Global
Key people
Josh Baxter, CEO
ProductsDocument management, Email management
Websitewww.netdocuments.com

NetDocuments is a cloud-based document, email, and records management service.[2]

NetDocuments was launched in 1999 to sell enterprise applications under the software as a service (SaaS) business model. Its functionality is accessible through a web browser.

History

Established in 1999, NetDocuments is a web-based document and email management service delivered through SaaS, allowing all service users to always be on the latest and most current version of the software through quarterly releases and upgrades. The founders of NetDocuments include the same team that developed SoftSolutions in the late 1980s. Before being bought by WordPerfect in 1994.[3]

The company was founded by Kenneth Duncan, Alvin Tedjamulia, and Lee Duncan, a brother to Kenneth.[4] Kenneth Duncan served as CEO until 2014. NetDocuments is Ken Duncan's second document management company[5] having founded SoftSolutions in the late 1980s. SoftSolutions was eventually sold to WordPerfect in 1994.[3] WordPerfect was subsequently sold to Novell which did not continue the SoftSolutions document management system but did, however, use the SoftSolutions technology in its GroupWise offering.[6]

In 2006, NetDocuments moved its primary data center to the LexisNexis headquarters and formed a distribution partnership with LexisNexis.[7] NetDocuments ended their LexisNexis distribution partnership in 2009 but continued to use the LexisNexis data center as its primary data center until 2011, when it relocated to Arizona. Its secondary data center resides at Zions Bancorporation.

In 2021, the company was chosen by the United States Attorney’s office as their cloud-management platform.[8]

In August 2006, NetDocuments developed an integration with Salesforce.com.[9]

In March 2008, NetDocuments embedded Fast Search and Transfer of Microsoft into its service to expand its search functionality.

In July 2014, Frontier Capital announced a $25 million investment into NetDocuments.[10]

In August 2014, Matt Duncan was chosen as the new CEO, replacing his father Kenneth Duncan.[4][11][12]

In January 2015, the company announced its acquisition of Recommind’s Decisiv search and enterprise email management system. The product was renamed to NetDocuments EM.[13]

In August 2015, NetDocuments announced a new strategic partnership with Microsoft, integrating the two companies’ cloud technologies, including an integration of Microsoft's Office 365 online web apps with NetDocuments global cloud storage.[14][15]

In July 2018, Josh Baxter was appointed as the new CEO, replacing Matt Duncan.[16]

In October 2022, the company acquired Worldox, a document management solutions company.[17]

References

  1. ^ NetDocuments – Information Archived January 17, 2010, at the Wayback Machine
  2. ^ "NetDocuments document management - A One Legal Technology Partner". One Legal. Retrieved 2022-11-04.
  3. ^ a b WordPerfect acquires SoftSolutions
  4. ^ a b "Bloomberg Company Snapshot". Bloomberg. Retrieved 28 October 2016.
  5. ^ Founders of SoftSolutions Launch a New Product
  6. ^ Feature Comparison Between GroupWise Document Management and SoftSolutions 4.1 for Windows
  7. ^ LexisNexis and NetDocuments Join Forces
  8. ^ "United States Attorney's Office Selects NetDocuments for Agency-Wide Cloud Document Management - HS Today". 2021-12-14. Retrieved 2022-11-04.
  9. ^ NetDocuments App Added to Salesforce.com AppExchange
  10. ^ "Frontier Capital Investment News". Retrieved 28 October 2016.
  11. ^ "Legal IT Insider News". LegalLeaders Limited. 5 August 2014. Retrieved 28 October 2016.
  12. ^ "NetDocuments names Matt Duncan as CEO, following $25M investment". SILICON SLOPES. 5 August 2014. Retrieved 28 October 2016.
  13. ^ "Legal IT Insider News". LegalLeaders Limited. Retrieved 28 October 2016.
  14. ^ "NetDocuments Expands Integrated Cloud Based Technologies for the Legal and Professional Services Markets". Microsoft. Retrieved 28 October 2016.
  15. ^ "NetDocuments and Microsoft—A Powerful Alliance". Crosspointe Consulting Group. 15 September 2015. Retrieved 28 October 2016.
  16. ^ "NetDocuments Announces Executive Leadership Appointments". PRWeb. Retrieved 2022-01-26.
  17. ^ "Major Legal Tech News As NetDocuments Acquires Worldox to Accelerate Its Growth Among Small- and Mid-Sized Firms | LawSites". www.lawnext.com. 2022-10-18. Retrieved 2022-11-19.